Federal Reserve Bank of New York

Stories

Dutch central bank moves 86 tonnes of gold out of US and Canada citing geopolitical unrest

Holds reduced share of Dutch gold

For decades, European central banks stored gold in New York because it was safest there. The Dutch central bank just moved 86 tonnes of it out, citing 'increasing geopolitical unrest.'

Updated 6 days ago

Fed’s 2025 rate-cut run: three eases, one new playbook, and a president pushing hard

Rule Changes

Implements the new regime of full‑allotment repos and expanded T‑bill purchases.

In a single year the Fed has gone from peak post‑Covid rates to a clear easing cycle. December's third 2025 rate cut pushes the federal funds range down to 3.5–3.75% and flips the switch on a new operating regime built around full‑allotment repos and steady Treasury bill buying.

Updated May 10